What is the appeal of the worn looking leather jacket?

Any opinions on the stock True Religion leather biker theme jacket
Just bought this used. It seems very high quality, very soft leather (lambskin?) It came with patches attached, one referring to maybe a fictional motorcycle club, and there is one that says MALIBU, maybe that's assuming the company is based in Malibu (but founded near Long Beach). One controversial thing to me is that it has an American flag but that's grayed out (OK dirty) and somehow (call me Old Skool) with both military patches and the flag I have a hard time thinking of besmirching it even if that goes along with the vintage look (like those guys at auction houses that dirty a car up again that's going to be sold as a "barn find.")
I am going to add a Ferrari name logo patch to the front and a copy of one of my Ferrari paintings to the back though I guess since it's starting out with a motorcycle theme on the back I should be depicting a motorcycle cafe racer (except that I have nothing to do with bikes) I also wonder about the Ferrari patch--should I besmirch it to fit the grayed color of all the other patches?
I am also going to post it on Craigslist.com to sell as is, maybe I could buy 2-3 other jackets for the price of this one...will post pictures of it
converted to Ferrari -tifosi support role. By the way it is XXL size but I am 6' 175 lbs. and fits me so I think they're adding one to many "X's" to their label sizes

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